2,214 sqft

$50,000

11850 E McNichols Road, Detroit City Wayne Michigan, 48205

Price per sqft$22.58

Built in1960

Property size2,214 sqft

Property typeCommercial

Overview

Active

Listed Sep 26, 2025

Updated 3 weeks ago

Commercial Building Opportunity in LaSalle College Park Neighborhood – Detroit Land Bank Owned. Fantastic opportunity to restore this commercial building property in the LaSalle College Park neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

Other Property Details

Taxes: $12,242
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of Keller Williams Realty-Great Lakes

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Data last updated 3:10 AM UTC, 9/18/2026